But in 48 bars we should have a lower high than the previous and that we have is a low spot.
If we assume that numbers tell the truth the only way to be this low spot a NEW high is when we enter a new decline stage with lower highs in a downtrend rallie.
Did numbers tell the truth????
Do you believe in numbers??
We will see.
Thanks and good trades.

Thats the point.The results(from these numbers) show us that we will not have 5th resistance and we have enter a decline stage (downtrend).Of course i have make the assumption that the resistance levels move in an almost fixed propotion(1.65, 1.69,1,73).If the assumption is wrong then my analysis is wrong.